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interest

Banks take action to cut lending rates for SMEs as Việt Nam seeks faster growth

Banks take action to cut lending rates for SMEs as Việt Nam seeks faster growth

Official statistics show that by July 31, total outstanding credit in the economy had reached nearly VNĐ20.3 quadrillion, up 8.98 per cent from the end of 2025. Corporate borrowers accounted for more than VNĐ10.7 quadrillion, while loans to SMEs exceeded...
SACOMBANK launches certificate of deposit with 8.2% interest, no penalty for cashing out early

SACOMBANK launches certificate of deposit with 8.2% interest, no penalty for cashing out early

Saigon Treasure Commercial Joint Stock Bank (SACOMBANK) is offering a certificate of deposit product to meet the growing demand for wealth management solutions that both offer high returns yields and capital flexibility.
Household savings hit record as high interest rates attract idle money

Household savings hit record as high interest rates attract idle money

The increase comes as deposit rates have risen steadily since late 2025, encouraging households to move idle funds into bank savings for capital preservation and higher returns amid subdued performance in the stock, property and gold markets.
Interest support scheme proposes to encourage investment in technology innovation

Interest support scheme proposes to encourage investment in technology innovation

Enterprises would receive State support covering 50 per cent of interest payments on commercial loans used for technology application, transfer and innovation projects, capped at 6 per cent a year for up to five years.
Banks split on lending rate adjustments in May

Banks split on lending rate adjustments in May

Twenty banks had disclosed their average lending rates for May as of June 21 with six reducing average lending rates and the remaining raising them, according to data released by the State Bank of Vietnam (SBV).
Central bank steps up inspections as some banks raise deposit rates

Central bank steps up inspections as some banks raise deposit rates

The State Bank of Vietnam has kept key policy rates unchanged to ensure banks could access central bank funding at relatively low cost.
Banks cut rates following SBVs call

Banks cut rates following SBV’s call

Vietcombank also cut rates by 0.5 percentage points for 24-month deposits, bringing its highest rate down to 6 per cent.
Banks pledge to reduce lending rates after central bank meeting

Banks pledge to reduce lending rates after central bank meeting

Commercial banks have committed to lower deposit and lending rates to support economic growth and manage inflation risks at the meeting with Governor of the State Bank of Việt Nam Phạm Đức Ấn on April 9.
State Bank moves to keep interest rates stable

State Bank moves to keep interest rates stable

Banks must continue publicly disclosing average lending rates, the spread between deposit and lending rates, and interest rates of credit schemes and packages on their websites, making it easier for individuals and firms to access capital.
Banks told to stabilise interest as deposit rates climb

Banks told to stabilise interest as deposit rates climb

Under the document, the SBV requested credit institutions, branches of foreign banks and regional SBV offices to implement measures to maintain stable market interest rates.
Banks offer post-holiday promotions to attract deposits

Banks offer post-holiday promotions to attract deposits

On the God of Wealth Day (February 26), online savers at the bank have a chance to win one tael of SJC gold.
Interbank rates cool to 8.5 per cent, liquidity strains persist

Interbank rates cool to 8.5 per cent, liquidity strains persist

Việt Nam’s interbank rates have eased from multi-year highs but remain elevated, signalling persistent liquidity pressure and possible spillover into lending and deposit costs.
State banks break year-long rate freeze with deposit hikes

State banks break year-long rate freeze with deposit hikes

Việt Nam''s ''Big Four'' lenders boost savings rates as year-end credit demand rises
Draft decree on 2 per cent rate subsidy for green projects to be submitted this week

Draft decree on 2 per cent rate subsidy for green projects to be submitted this week

The State Bank of Việt Nam (SBV) is finalising a draft decree guiding the provision of 2 per cent annual interest rate subsidies for loans financing projects that comply with green, circular economy and environmental, social and governance (ESG) requirements....
VN plans green loan boost for eco-friendly projects

VN plans green loan boost for eco-friendly projects

A fixed 2 per cent annual interest rate subsidy is proposed for the private enterprises, business households and individuals on loans for green, circular economy and environmental – social – governance (ESG) projects, accroding a a draft decree by the...